I am bearish on SpaceX’s curre

I am bearish on SpaceX’s current valuations. It is quite an insane bet that any company that compound revenue at almost 50% annually for the next 10 years. That is asking for 10 years of consistent outsized performance. In the longer term, I do believe that SpaceX might be able to pull off its space data centre but it is still speculative at this point in time as nothing has been demonstrated yet, not even a prototype is available. Sending rockets and satellites are not quite the same as the picture painted by Elon.

I think this is the most expensive leap of faith that the Wall Street has taken and most are forced to take it as the various index fund managers buy it. This feels like FOMO where many buy the latest hype of town.

I think the next one year will give clarity. There is no need to rush into it now. I wouldn’t be suprised that the price will drop to sound the $60-70. That might be a good and safe entry point just to gain exposure to a speculative future.

SpaceX Surges Another 20%, Tops $200! Still a Chase for $2T Rocket?

SpaceX extended its post-listing parabolic run, surging 19.60% intraday and pushing further to $211 in after-hours trading (+9.62%), with analysts calling it a "$2 trillion stock that has left Earth." Musk's latest post and a U.S.-Iran agreement fueled market euphoria. Yet even crypto bull Novogratz admitted he feels "nervous about SpaceX" — the steeper the parabola, the sharper the reversal. Will you keep chasing this rocket, or wait for the first real pullback?

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Comments

bubbly9
06-15 19:43
bubbly9
Starlink is the real engine, but pricing 10 straight years of 50% growth now is rough. Who's underwriting that $60-70 floor?

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Still a Chase for $2T Rocket?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":ed4e12205bf34b65a986ea968dd36ee0}&rnconfig={\"headerBarHidden\": true}","description":"SpaceX extended its post-listing parabolic run, surging 19.60% intraday and pushing further to $211 in after-hours trading (+9.62%), with analysts calling it a \"$2 trillion stock that has left Earth.\" Musk's latest post and a U.S.-Iran agreement fueled market euphoria. Yet even crypto bull Novogratz admitted he feels \"nervous about SpaceX\" — the steeper the parabola, the sharper the reversal. Will you keep chasing this rocket, or wait for the first real pullback?","image":"https://community-static.tradeup.com/news/b3e2f4792e06a23b881ae0c37c9b65a4"}],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body>I am bearish on SpaceX’s current valuations. It is quite an insane bet that any company that compound revenue at almost 50% annually for the next 10 years. That is asking for 10 years of consistent outsized performance. In the longer term, I do believe that SpaceX might be able to pull off its space data centre but it is still speculative at this point in time as nothing has been demonstrated yet, not even a prototype is available. Sending rockets and satellites are not quite the same as the picture painted by Elon. \n \n \n \nI think this is the most expensive leap of faith that the Wall Street has taken and most are forced to take it as the various index fund managers buy it. This feels like FOMO where many buy the latest hype of town. \n \n \n \nI think the next one year will give clarity. There is no need to rush into it now. I wouldn’t be suprised that the price will drop to sound the $60-70. That might be a good and safe entry point just to gain exposure to a speculative future.</body></html>","htmlText":"<html><head></head><body>I am bearish on SpaceX’s current valuations. It is quite an insane bet that any company that compound revenue at almost 50% annually for the next 10 years. That is asking for 10 years of consistent outsized performance. In the longer term, I do believe that SpaceX might be able to pull off its space data centre but it is still speculative at this point in time as nothing has been demonstrated yet, not even a prototype is available. Sending rockets and satellites are not quite the same as the picture painted by Elon. \n \n \n \nI think this is the most expensive leap of faith that the Wall Street has taken and most are forced to take it as the various index fund managers buy it. This feels like FOMO where many buy the latest hype of town. \n \n \n \nI think the next one year will give clarity. There is no need to rush into it now. I wouldn’t be suprised that the price will drop to sound the $60-70. That might be a good and safe entry point just to gain exposure to a speculative future.</body></html>","text":"I am bearish on SpaceX’s current valuations. It is quite an insane bet that any company that compound revenue at almost 50% annually for the next 10 years. That is asking for 10 years of consistent outsized performance. In the longer term, I do believe that SpaceX might be able to pull off its space data centre but it is still speculative at this point in time as nothing has been demonstrated yet, not even a prototype is available. Sending rockets and satellites are not quite the same as the picture painted by Elon. I think this is the most expensive leap of faith that the Wall Street has taken and most are forced to take it as the various index fund managers buy it. This feels like FOMO where many buy the latest hype of town. I think the next one year will give clarity. There is no need to rush into it now. I wouldn’t be suprised that the price will drop to sound the $60-70. That might be a good and safe entry point just to gain exposure to a speculative future.","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/575102071834184","repostId":0,"isVote":1,"tweetType":1,"viewCount":262,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":793,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":575551646015696,"commentId":"575551646015696","gmtCreate":1781523796640,"gmtModify":1781594472218,"authorId":3479274794883866,"author":{"id":3479274794883866,"idStr":"3479274794883866","authorId":3479274794883866,"name":"bubbly9","avatar":"https://static.tigerbbs.com/8d4594b0ee9a777a4ca1bee258aa8f5c","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":575102071834184,"objectIdStr":"575102071834184","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Starlink is the real engine, but pricing 10 straight years of 50% growth now is rough. Who's underwriting that $60-70 floor?","text":"Starlink is the real engine, but pricing 10 straight years of 50% growth now is rough. Who's underwriting that $60-70 floor?","html":"Starlink is the real engine, but pricing 10 straight years of 50% growth now is rough. Who's underwriting that $60-70 floor?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/575102071834184"}